Richard Parker bought/sold 13 companies - sold 100,000 copies of How To Buy A Good Business Course.

Jon talks to Richard Parker about his journey and the 13 companies he purchased and sold. Then he sold over 100,000 copies of his course "The How To Buy A Good Business At A Great Price". Richard Now runs Roy Street Advisors which represents business owners, prospective buyers, and family offices in their quest to exit or acquire businesses with EBITDA of $1.0 million and higher.

Notes
00:00 Intro
00:00 I bought his How to Buy a Business course in 2005
01:05 How he started - $60k in debt 
02:00 Dumb luck landing Sega took $30 million
04:50 His first offer on business was a disaster 
06:30 What were red flags?
09:55 Can brokers be impediment?
10:15 From Launch to 100,000 course sales
14:02 Distressed businesses "dis causes a lot of stress"
14:30 Nobody sells a good business for no money down
17:43 Buy a business and think about selling it
19:00 His Buying Binge
28:15 Document Prep acquisition- so much demand
35:40 Getting hired by the Ray Dalio Family Office
36:10 His partner dying in car accident
40:30 Joining Roy Street Advisors - Sell side
42:02 Too big to be small, $1m to $5m ebidta
44:01 Is the business buying course relevant today?
49:25 75% business won't get sold...